US EditionAmerican Express Surpasses Profit Expectations on Robust Spending
NEW YORK, JUL 18 – American Express is projected to earn $3.86 per share on $17.7 billion revenue, down from $4.15 per share and $16.33 billion a year ago, analysts said.
- Ahead of the market open, American Express Company AXP will release Q2 earnings results before the opening bell, with analysts projecting $3.86 per share.
- Earlier this month, top Wall Street analysts revised their American Express target prices, with Betsy Graseck, Morgan Stanley analyst, raising from $250 to $311 on July 10, 2025, and Richard Shane, JP Morgan analyst, increasing from $260 to $342 on July 11, 2025.
- Excluding one-time items, American Express earned $4.08 per share for the quarter ended June 30, with revenue rising 9% to $17.9 billion above expectations.
- American Express surpassed estimates for second-quarter profit fueled by resilient affluent spending, yet shares fell 2.7% in midday trading.
- Later this year, American Express will roll out updates to its Platinum cards for consumers and businesses, while Citigroup said on Tuesday it will launch a new premium credit card, Citi Strata Elite.
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AmEx execs were asked about the upcoming Platinum card changes and crowding concerns at lounges — here's what they said
American Express executives said the Platinum card will see a fee increase in 2026.illustration by Cheng Xin/Getty ImagesAmerican Express execs were asked about Platinum card fees and crowded lounges on an earnings call.The current annual fee is $695, which is still less than that of the Chase Sapphire Reserve card.Executives also said they expect "more innovation" in airport lounges and acknowledged crowding issues.Few details have come out abo…
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American Express Surpasses Profit Expectations on Robust ...
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Coverage Details
Total News Sources18
Leaning Left4Leaning Right0Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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